1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
3 years ago
9

The manager of Lawn and Garden Services would like to estimate the proportion of her employees' time spent performing various ga

rdening and lawn care activities. She has made 400 random observations of a typical worker, with the following results:
Activity Time Observed
Mowing 200
Trimming 80
Raking 40
Miscellaneous 80
What is the probability that the true proportion of time spent mowing is exactly equal to the sample proportion?
a) 1
b) 0
c) .5
d) .2
e) 1
Business
1 answer:
Juliette [100K]3 years ago
8 0

Answer:

b) 0

Explanation:

In this case, the manager observed that a worker spent 50% of his/her time mowing the garden, but in case this is correct, it would only apply to this worker. She would need to collect data and analyze it from a much larger sample which includes other workers in order to determine if this proportion applies to whole group. You cannot infer a conclusion based on a limited amount of data collected from just one subject. The methodology is incorrect.

You might be interested in
To achieve its goal of increased market share, Restaurant Y launched a program that awards grade-school students a free cupcake
Oksanka [162]

Answer:

The correct answer is C: Planning

Explanation:

There are five primary functions of management:

1. Planning

2. Organizing

3. Staffing

4. Directing

5. Controlling

Planning is future-oriented and determines an organization’s direction to achieve an objective. It is a rational and systematic way of making decisions today that will affect the future of the company.

Peter Drucker has defined planning as follows:

“Planning is the continuous process of making present entrepreneurial decisions systematically and with best possible knowledge of their futurity, organizing systematically the efforts needed to carry out these decisions and measuring the results of these decisions against the expectations through organized and systematic feedback”.

Planning is the path to achieve a predetermined objective. In this exercise, the <u>objective </u>is to <u>increase market share</u>. To achieve this goal they need to <u>attract more costumers</u>. To attract more customers, Restaurant Y <u>planned a promotion based on grade-school students.</u>

3 0
4 years ago
A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier.
agasfer [191]

Answer: False

Explanation:

The VOLUME CONSOLIDATION Stage is where a company attempts to reduce the number of suppliers that it has and consolidates the volume of sales it does through them.

This strategy helps in having a better relationship with suppliers as well as earning a claim on their business which would go a long way in price negotiation.

3 0
3 years ago
Which is a retirement plan offered by employers?
Ket [755]
An employer can offer a partial match on a Roth 401<span>(k), however the employer contribution must be placed into a regular 401(k). The employee contribution limit is the same as it is for a 401(k) plan — which is much more generous than for a </span>Roth IRA<span>.</span>
3 0
4 years ago
Decision making "at the margin" means making a choice based on __________ of a decision.
I am Lyosha [343]

Answer:

d. comparing the additional benefits and costs

Explanation:

The correct choice is D because you are making a choice when the marginal benefits are greater than the marginal costs . At this point, opportunity costs are lowered and you  want to get the most out of your resources. It is a point when you are thinking about what an additional action means for you if you take it versus not at all.

4 0
3 years ago
John Joos is the owner and operator of Way to Go LLC, a motivational consulting business. At the end of its accounting period, D
ivolga24 [154]

Answer:

a) December 31, 2013 Owner's equity = 508,000

b) December 31, 2014 Owner's equity = 420,000

Explanation:

Accounting Equation Formula: Owner's Equity = Assets - Liabilities  

A) Way to Go LLC December 31, 2013

Owner's Equity = Assets – Liabilities

Owner's Equity = 669,000 – 161,000

Owner's Equity = 508,000

B) Way to Go LLC  December 31, 2014

Owner's Equity = Assets – Liabilities

Owner's Equity = (669,000-127,000) – (161,000-39,000)

Owner's Equity = 420,000

6 0
3 years ago
Other questions:
  • Healthier, more educated workers tend to be more productive. Greater overall productivity per hour worked is a fundamental compo
    15·1 answer
  • The cost of capital is Multiple Choice lower in a domestic capital market than in an international market. higher in a global ma
    13·1 answer
  • Teno Industries Inc. is a manufacturing company based in Texas. In the year after Teno Industries implemented a comparable-worth
    13·1 answer
  • Is the cost of equity calculated from the CAPM model, pre -tax or post-tax?
    8·1 answer
  • You might find a free trade zone ...
    15·1 answer
  • Which of the following is a primary reason a company's book value is less than its market value? a. Management recording errors.
    13·1 answer
  • Which type of supply chain collaboration includes collaborative processes across the supply chain using a set of processes and t
    6·1 answer
  • If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's
    12·1 answer
  • The Work in Process inventory account of a manufacturing firm shows a balance of $1,678 at the end of an accounting period. The
    5·2 answers
  • Mortgage loans made to borrowers with normal credit quality, but who lack the necessary documentation of their financial circums
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!